about the setting of lead time

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Hi, I am Ivan from Hong Kong. I am new user of your product. Can you explain more on the "Lead Seconds" setting? I have tried to understand from the relevant info on the "Help" page, but still cannot understand. Does the "Lead Seconds" represents the time difference between the submission of your bid and the end of the auction? For example, does a "Lead Seconds" of 3 mean that your bid is placed 3 seconds before the end of the auction? Please advise, thanks.
dov*****lhk
Hello Ivan,
Thank you for your question about lead time. Yes, your example is correct. Lead time is subtracted from the ending time. We also add a 1-second buffer for Internet delay.
I hope this has been explained to your satisfaction. Thank you for writing and please let me know if you have any other questions.
bidslammer